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    • Question

      If a bank focuses on reducing operational cost to offer

      affordable services, it reflects:
      A Production orientation Correct Answer Incorrect Answer
      B Marketing orientation Correct Answer Incorrect Answer
      C Societal orientation Correct Answer Incorrect Answer
      D Relationship marketing Correct Answer Incorrect Answer
      E Differentiated marketing Correct Answer Incorrect Answer

      Solution

      Production orientation emphasizes efficiency and cost reduction. Why others are incorrect: Marketing focuses on needs; Societal includes welfare; Relationship focuses retention; Differentiated targets segments. Banking Example: Automated backend processing to reduce service cost.

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